Fraud Feed

More than a third of consumers found mistakes in their credit reports, survey shows

More than a third of consumers who recently checked their credit reports found mistakes in them, a survey found. Many of the nearly 6,000 consumers who participated also reported having difficulty getting their free credit reports online, while others said they were unfairly charged for services. Read more →


FTC, states sue Frontier Communications for lying about internet speeds

The FTC, along with law enforcement agencies from six states, sued Internet service provider Frontier Communications, alleging that the company didn’t provide many consumers with Internet service at the speeds it promised them, and charged many of them for more expensive and higher-speed service.  Read more →


Corporate prosecutions dropped to a 25-year low during last year of Trump administration

Corporations escaped punishment at record levels during President Trump’s last year in office, when federal prosecutions of corporate criminals fell to just 94 – the lowest on record since the government started tracking corporate prosecution statistics in 1996, a Public Citizen report found. Read more →


Watch out for scammers who contact you about signing up to get funeral expenses from FEMA

If you lost a loved one to covid-19, you may be eligible for a government program that pays for funeral expenses. The Federal Emergency Management Agency will pay up to $9,000 for funeral expenses for loved ones who died of covid-19. Survivors can apply for benefits by contacting FEMA at 844-684-6333. Read more →


Always be on the alert for credit card scams

First, I received emails from my credit union that $1,500 then $2,300 were possible fraudulent charges. I called and sure enough, a scammer from Sweden was trying to charge those amount to my credit card. The credit union flagged the fraudulent charges, and the money was never charged to me. Read more →


Debt collector and owner fined and banned from business for threatening consumers with legal action

The Consumer Financial Protection Bureau issued an order Tuesday against a debt collector and its owner for harassing thousands of consumers, falsely threatening them with legal action. The CFPB found that Yorba Capital Management and its former owner, Daniel Portilla Jr., violated federal law. Read more →


Sign up for my newsletter and get 10 money tips each week

This week, I wrote the 100th issue of my newsletter Helpful Money Tips for You. To celebrate, instead of offering my usual 10 tips, I offered 100. To sign up to get my free newsletter, go to http://eepurl.com/gkZ6JH. You'll get it in your email. Read more →


How to avoid coronavirus scams

Scammers are taking advantage of the coronavirus pandemic to steal money from people. During these chaotic times, knowing about possible scams is the first step toward preventing them. Scammers are inventing new schemes as well as repurposing old ones. Be alert as you go about your covid daily lives. Read more →